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Home»Legal»Do Kwon was leverage in South Korea airport deal, ex-minister claims
Legal

Do Kwon was leverage in South Korea airport deal, ex-minister claims

NBTCBy NBTC26/09/2024No Comments2 Mins Read
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Do Kwon’s controversial extradition to South Korea could have been part of a trade deal that would give the country control of Montenegro’s airports for 30 years, according to the former Justice Minister.

Andrej Milović, who is now running for mayor, told publisher Vijesti that Prime Minister Milojko Spajić would use Do Kwon as a tool to trade state interests and resources “as compensation for covering up this case.”

Spajić supposedly prepared for months to give France concession over Montenegro’s airports. However, Milović says that he began to “speak positively” about a South Korean airport deal after the court of appeal ruled that Do should be extradited to South Korea.

“Therefore, I ask Spajić, did he extort extradition in order to cover up the case, in exchange for the Montenegrin Airport concession?” he said.

Pictures of Podgorica Airport in Montenegro’s capital (Sourced from Wikimedia Commons).

He added, “By extraditing Do Kwon to South Korea, we would not learn the complete truth about the Do Kwon case, the role of Spajić, Abazović and other actors.”

The airport concession proposal has reportedly been in the works for years as South Korea’s Incheon Airport, Luxemburg-based Corporacion America Airports, and France’s Paris Airports wait to present their final offer. The new proposal would involve a 30-year concession plan.

Spajić has been accused of meeting Do Kwon on various occasions and SEC filings show he invested $75,000 to buy tokens from Do’s catastrophic Terraform/Luna crypto venture.

This summer, Montenegro’s High Court and Court of Appeal ruled that Do was going to be extradited to South Korea. However, on September 20, the Supreme Court decided these rulings were illegal and left it up to Justice Minister Bojan Božović to decide on Do’s extradition.

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